{"id":85462,"date":"2024-07-29T12:39:52","date_gmt":"2024-07-29T16:39:52","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=85462"},"modified":"2024-07-29T12:43:26","modified_gmt":"2024-07-29T16:43:26","slug":"former-fed-roger-ferguson-predicts-first-us-interest-rate-cut","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/former-fed-roger-ferguson-predicts-first-us-interest-rate-cut\/","title":{"rendered":"Former Fed Roger Ferguson Predicts First US Interest Rate Cut"},"content":{"rendered":"\n

Former Federal Reserve Vice Chair Roger Ferguson has pointed to the first US Fed rate cut<\/a> in September, noting improved market positives as inflation numbers\u00a0fall.<\/p>\n\n\n\n

\"Former<\/figure>\n\n\n\n

Former Federal Reserve Vice Chair Roger W. Ferguson predicts US Fed rate cuts in September, as market expectations rise.<\/p>\n\n\n\n

Investors have hinted at a similar date in response to slowing inflation and consumer prices.<\/p>\n\n\n\n

Interest rate cuts will influence Bitcoin<\/a> and other crypto assets as funds flow\u00a0to risky\u00a0assets.<\/p>\n\n\n\n

Roger Ferguson Projects US Fed Rate Cuts<\/h2>\n\n\n\n

Former Federal Reserve Vice Chair has suggested that the first US Fed cut will come in September.<\/p>\n\n\n\n

This is attributable to the market's enhanced macro sentiment.<\/p>\n\n\n\n

Roger Ferguson recently stated in a CNBC interview\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> that the cut comes in September, before\u00a0the elections, as the market anticipates.<\/p>\n\n\n\n

In response to queries about a possible delay, he cited an implausible scenario, stating that a succession of really strong reports could change the Fed's course, though this is unlikely based on recent data.<\/p>\n\n\n\n

\u201cCount me in the camp that September is likely the first\u2026 The upcoming Labor data at the end of the week, there\u2019s at least the more inflation report, the date mounting up on balance that they should probably cut. We see inflation itself stable or coming down, good prices which were an important part of this, good prices has been moving in the right direction. We\u2019ve also seen weakness in consumers, consumer sentiment numbers From Michigan were relatively weak\u2026\u201d<\/p>\n\n\n\n

Previously, the US Fed has defied market expectations on rate reduction, but Armstrong stated that this is obvious for a number of reasons.<\/p>\n\n\n\n

Firstly, the commentary has been consistent in recent months.<\/p>\n\n\n\n

Second, the economy appears to be slowing, as do consumer sentiment and inflation numbers.<\/p>\n\n\n\n

Impact of Bitcoin and Crypto<\/h2>\n\n\n\n

The US Fed decision on internet rate cuts has an impact on Bitcoin and other risky assets.<\/p>\n\n\n\n

This year, digital and traditional finance investors have pointed to a September cut followed by another in November.<\/p>\n\n\n\n

Ahead of the U.S. elections<\/a>, imminent rate cuts could be the next significant market driver as inflation declines.<\/p>\n\n\n\n

The decision to cut interest rates will draw funds to risky assets, as crypto investors and holders anticipate.<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Former Federal Reserve Vice Chair Roger Ferguson has pointed to the first US Fed rate cut in September, noting improved market positives as inflation numbers\u00a0fall. Former Federal Reserve Vice Chair Roger W. Ferguson predicts US Fed rate cuts in September, as market expectations rise. Investors have hinted at a similar date in response to slowing […]<\/p>\n","protected":false},"author":56,"featured_media":85465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[13800,20964,20965,1305],"class_list":["post-85462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-federal-reserve-2","tag-interest-rate-cut","tag-roger-ferguson","tag-united-states"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/Former-Fed-Roger-Ferguson-Predicts-First-US-Interest-Rate-Cut.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/85462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=85462"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/85462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/85465"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=85462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=85462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=85462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}